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    The Number Of Xinhua Customs Stores Is Larger Than That Of Opening Stores.

    2014/4/19 17:15:00 30

    Xinhua CapitalNumber Of Customs StoresLosses

    < p > > a href= "http://www.91se91.com/news/index_c.asp" > electricity supplier < /a > impact, high cost, resulting in many retail businesses closed last year, but closing the shop also caused financial "labor pains".

    The 2013 annual report released by Xinhua, a regional retail giant, released last night showed that the company had a significant impact on the financial figures. Last year, the company's operating income was 7 billion 379 million 700 thousand yuan, an increase of 10.77% over the same period last year. However, the net profit attributable to shareholders of the listed company was 236 million yuan, down 248.11% from the same period last year.

    < /p >


    < p > actually, it is not only the Xinhua capital, but also the life of the peers.

    According to the statistics of the joint venture network, as of April 4th, 17 of the 41 listed retail companies listed in the annual reports declined, accounting for 41% of the total net profit, and some of them were losing money.

    < /p >


    < p > < strong > < a > href= > http://www.91se91.com/news/index_c.asp > > shop number < /a > exceeding shop number < /strong > /p >


    < p > Xinhua has revealed that China's economy is showing a slow growth trend under the influence of economic structural adjustment and weak external demand; residents' income growth is slowing down, and their consumption intentions are generally not strong; the rapid growth of online retailing and the impact on the physical retail business are more apparent; the homogenization of traditional retailers is serious and competition is becoming increasingly fierce.

    < /p >


    In response to the P, Xinhua chose a closed shop strategy. It said that in 2013, it was affected by the loss of the East China region. The company dealt with the shops that were not well developed. During the reporting period, the company opened 14 new stores and shut down 16.

    As of December 31, 2013, the total number of stores was 121, of which 8 were department stores, 1 were department stores, 112 were supermarkets, and its chain store area was more than 860 thousand square meters, with an average area of 7170 square meters.

    < /p >


    < p >, we can see that according to the number of open shop, 16 of the closed ones have eliminated 14 newly opened stores, and Xinhua has also reduced 2 stores last year.

    Xinhua all sides said frankly, closing shop plus some main store reload and so on failed to achieve the planned goal.

    < /p >


    < p > earnings report shows that the company's revenue grew year-on-year, mainly due to its own store's extensive development and endogenous growth.

    However, its operating cost was as high as 5 billion 925 million yuan, up by 11.64% over the same period last year.

    In particular, the closure of some shops and decoration costs is not affected by a one-time amortization. Its net operating expenses are 56 million 60 thousand and 800 yuan, mainly due to the closure of some stores' disposal of fixed assets losses and payment of owners' liquidated damages.

    < /p >


    < p > for the 2014 annual plan, Xinhua announced that the planned main business revenue maintained a steady growth trend, and strive to achieve a 5% increase in business revenue over the same period last year. The net profit attributable to the owners of the parent company was 60 million yuan, and 10 stores were planned to be added this year.

    < /p >


    < p > < strong > four major risk plaguing < /strong > /p >


    < p > "labor costs now have two digit growth every year, which is a headache for many retailers, but if wages are not raised, they will not be recruited at all.

    Rent is another big pain. At present, many stores have reached the stage of 10 or 15 years' lease renewal. According to the current market situation, the doubling of the rent is inevitable, because the operation rights of entities such as Xinhua and other entities are mainly obtained through leasing. Once it is difficult to lease, they may face the risk of closing stores, even if the renewal is also faced with the risk of high rental costs.

    Similarly, expansion will lead to cost loading and new market maturity. "

    Senior retail expert Ding Liguo analyzed.

    < /p >


    Besides, P has also become a common problem faced by entities.

    Ning Xiaofei CEO, who announced yesterday that it has announced the establishment of a unified O2O platform for the regional retailers, said that many retailers closed in 2013, resulting in a significant decrease in the number of physical retail outlets than in 2012. Meanwhile, the number of online shoppers is increasing, so the physical retailers must be pformed. Ning Xiaofei,

    According to its statistics, Wanda, agriculture and industry, Bailian, Yintai, Xujiahui mall and so on have built their own electronic business platform, but due to the high cost, unprofessional operation, < a href= "http://www.91se91.com/news/index_c.asp" > logistics distribution < /a > and other reasons, the self built e-commerce website of new Yijia, Shi Ji purchase, Wanjia Moore, and the United States and the United States has been suspended, so the impact of the electricity supplier and the pformation of the entities themselves have great problems.

    Xinhua does not build electric business at present, but cooperation with Alibaba. Xinhua will focus on the expansion of e-commerce in the future.

    < /p >


    < p > in fact, the high cost and the impact of electric business have become common problems in the industry.

    According to statistics, as of April 4th, of the 41 listed department stores listed in the annual reports, 17 enterprises had a decline in net profit growth, accounting for 41% of the total. In the 12 supermarket enterprises that have published annual reports, 7 enterprises appeared net profit decline.

    Of the 63 listed department stores listed in the joint venture network, 41 companies have published their 2013 annual reports.

    Compared with the overall situation of the retail industry, most department stores are also running poorly. Although the total retail sales have increased, net profit has declined to varying degrees or even losses.

    < /p >

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